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Practical Handbook for Companies 2021

Box 00072 Termination of entity

This box should be ticked by those entities that do not apply the limit established in article 26.1 of the LIS for the offsetting of tax losses in the tax period subject to declaration in which they are extinguished.

Remember:

The last paragraph of article 26.1 of the LIS establishes that the limit for offsetting tax losses established in that section shall not apply in the tax period in which the entity is wound up, unless this is the result of a restructuring operation to which the special tax regime established in Chapter VII of Title VII of this Law applies.